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Open HRMS Loan Accounting

Easily Create, Manage, and Track Employee Resignations.

Key Heighlights

Loan Request.

Employee can create loan request

Loan Approval

Double approval from both HR & Accounting department.

Loan Deduction

Amount will automatically deducted from the payslip of the corresponding month.

Open HRMS Loan Accounting

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Loan Approval from Accounting

Go to Invoice -> Configuration -> Settings -> Under Loan Approval section enable checkbox Approval from Accounting Department

Adding Deduction Rule

Adding salary deduction rule on the salary structure.

Loan Request

Go to Employee -> Loan & Advances -> Click on the Request for Loan menu so, employee can create loan request .

Create loan request

Created a sample loan request for the current login employee

Loan Request Approval.

After creating loan request sent it for approval after approval employee get the loan.

Loan Installment on Payslip

Go to ->Payroll -> Create new payroll for the employee and click compute sheet we can see the deduction amount for the current month has been added to the payslip deduction part .

Employee can create loan request

Double approval from both HR & Accounting department.

Amount will automatically deducted from the payslip of the corresponding month.

Employees can submit a loan request by navigating to the "Loan & Advances"
menu from Employee module.

HR & Accounting department need to approve the request for loan.

Latest Release 18.0.1.0.0

1st October, 2024
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